Latest N.J. real estate forecast show home prices rising through summer

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Latest N.J. real estate forecast show home prices rising through summer
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The vast majority of N.J. ZIP codes analyzed by Zillow will see typical home values grow by August. Look up your town's forecast.

Jul. 16, 2023, 4:01 p.m.Home prices in New Jersey will continue to rise in the vast majority of towns through the summer, despite higher mortgage rates, according to a real estate forecast from Zillow.

Ten locations scattered around the state could see at least a 2% rise in typical home values by August, according to the Zillow analysis of 518 New Jersey ZIP codes with enough data available. Just 26 of those towns are expected to see home values decline slightly. A ZIP code in Camden, 08102, which sits up against the Delaware River and near the Benjamin Franklin Bridge, was forecasted to see the most growth by August at 4.60%.

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